Finkbeiner touts jobs, progress in downtown Toledo

Toledo Mayor Carty Finkbeiner yesterday painted a bright picture for the city's downtown development and job creation while just hours later Toledo City Council's finance committee received some dire warnings for next year's budget.

"We are in the process of building a downtown that has more personality, more sex appeal," Mr. Finkbeiner said in front of the vacant five-story Western Union building at Jefferson Avenue and Huron Street that dates to 1926.

While Mr. Finkbeiner's news conference, which also highlighted the new arena and development plans around Swan Creek, was rosy, City Council tackled tough financial predications for the remainder of 2008 and next year.

City Finance Director John Sherburne told council's finance and budget committee income tax collections for May had "fallen off the table."

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